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What's the meaning of Opportunities for fraud?

帮考网校2020-10-15 16:08:38
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Opportunities for fraud refer to situations or circumstances that provide individuals or organizations with the chance to commit fraudulent activities. These opportunities can arise due to weaknesses or gaps in systems, processes, or controls that can be exploited by fraudsters to deceive or manipulate others for financial gain. Examples of opportunities for fraud include inadequate internal controls, lack of oversight, poor record-keeping, and insufficient employee training.
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